BUL 7.14% 5.2¢ blue energy limited

the trend is your friend , page-56

  1. 1,077 Posts.
    lightbulb Created with Sketch. 5
    My bad, didn't come across it on the main page, click down on more business stories, don't know if it's a different format in OZ.

    Costs threaten $20bn LNG plant

    THE $20 billion Arrow coal-seam gas project in Queensland has been told to sharpen its cost structure or it will not go ahead, raising further doubts about the nation's future LNG investment.

    The ultimatum, from Arrow owners Royal Dutch Shell and PetroChina, comes as the International Energy Agency downgrades long-term Australian LNG export forecasts because of the surging costs of every big development approved in the past decade.

    My take - if it's a sprint, Arrow and their mates are still on the starting blocks as the rest close in on the finish line. They left their run to late and are hurting, will they still need our gas - I think so. Bon Swar.
 
watchlist Created with Sketch. Add BUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.